ACCA belongs to the world’s largest specialist accountancy roles. ACCA houses many job opportunities related to finance professionals. ACCA makes part of the most demanding bank profiles. As it is a blend of both  finance and accountancy, it has become very popular in Pakistan. If you are a job seeker with an ACCA degree, this article is for you.  Fratres is the best job search engine that informs you about the latest trends in employment and career path for the future. Today’s concern is about ACCA careers in Pakistan. So let’s get started!

ACCA in Pakistan

ACCA is an acronym that stands for the Association for Chartered Certified Accountants. It is a very unique accounting program that includes technical competence, professionalism and finance. This field operates in many sectors as it offers skills for thinking strategically in a monetized system. So if you’re looking for job vacancies or trying to build your own financing organization, you need to overcome many levels in  accountancy. Or else you can have access to thousands of ACCA professionals that operate in Pakistani organizations. For more professional tips, read this;

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This accounting association provides many tasks for highly qualified individuals, who are business minded people. To become a certified chartered accountant, you need to search opportunities across the globe using ACCA sites and targeted job alerts. You can also promote yourself through networking or apply as usual candidates using your own CV. The process might not be easy because well paid and prestigious jobs require a long academic process.

What studies to Follow for ACCA Careers?

Of course this field in question hires certified candidates in ACCA. In this respect, you have to finish 2 years of CAT (Certified Accountant Technician). Straight after these 2 years, you have to get a 4-year- ACCA training program. The latter doesn’t require full attendance at universities. The ACCA program consists of subjects mixing both accounting and finance principles. This was the way for the candidate acquisition process as a college student. Now let’s see the importance of ACCA careers

Advantages of ACCA 

In the field of business, employers are hiring ACCA members to give them responsibilities based on leadership to contribute to the evolution of their business and success.

In this respect, ACCA candidates should be strategic thinkers with high qualification in accounting and finance for strong financial integrity.

Indeed, to become an ACCA member, you need to fulfill certain conditions among them: The ACCA Qualification. To get this achievement, you will go through a combination of exams and tests, before entering the field. Once you provide all these requirements, you will become:

• A member of the world’s most important accountancy association: ACCA qualifications would enable you to become globally recognized, since employers want candidates with high standards.
• Able to apply on an international level: the ACCA Qualification is recognized globally, that’s why it will help you reach opportunities abroad. It also enriches your experience by introducing you to new accounting areas.
• A professional coach or supervisor: the possibility of transmitting knowledge in the field is always possible for you. This opportunity may come to you after getting seniority in the ACCA approach. It means that your skills in accounting can be taught or trained to potential accountants, which will help you maintain higher standards. 
• A manager for many organizations: getting managerial roles enable you reaching world-class resources, forums and other tips to maintain team work and realize professional goals.

Roles and Responsibilities of an ACCA Graduate:

Chartered certified accountants can do many tasks. 

1.      Financial Operations:

They can allocate budgets for certain projects. They can also plan businesses and prepare financial statements for their clients. They should also examine the organization’s accounts; they produce and analyze annual and monthly accounts. They provide financial reports about expenditure, credit, and investments. They can negotiate business plans with associated organizations for further improvement.

2.      Problem-solving tasks:

In addition, chartered certified accountants should have a problem-solving strategy for investigating any financial irregularities. They can recommend solutions, implement new financial strategies and controls analyze potential risks of certain practices. To reach these results, they should collaborate with members of staff, providing financial information and advice. Once they advise managers on a certain financial policy, they can and control, such as the costs and benefits of a particular project. 

ACCA Salaries

Chartered accountant salary varies from one institution to another. As you progress in your career, your salary increases. If you have, for example, senior roles like staff management responsibilities, you can get a higher salary. Moreover, the region and size of the company you work for can decide your salary, not to mention your accounting level or the sector of your employment.

However, average salaries for the corporate sector and private sector are considered higher than in the public sector. Chartered certified accountants working in banks and insurance companies get high payment compared to those working for small firms. Some organizations with foreign aspects offer additional benefits, such as seminars abroad, and events at hotels. They can also offer private health insurance, pensions, and many other advantages including the salary. Concerning monthly bonuses, this can sometimes be estimated depending on the company itself.